If you promise them a "rescue" and you don't get it done before the foreclosure sale they can sue you and the local authorities can investigate you.7.

I actually have one friend selling a property she has there right now because the tenants never pay on time and one of the renters boyfriends got in trouble with the law and got a door busted in by the authorities.

Most focus on the fees and management rates but the most critical part of any PM agreement is the authorized agency that's created to act on your behalf and there may have been protocols that have to be followed in order to supersede what's in the agency agreement.

NAR doesn't even have the nationwide legal authority to even do something like that.

ORGANIZATIONAL DOCUMENTS ON THE BORROWING ENTITY: They will need* Filed Articles of Organization* EIN Letter from the IRS* The fully-executed Operating Agreement for the Entity (By Laws for a Corporation)* Meeting Minutes Showing the Signer has the Authority to Sign and that the project has been approved by the board of the entity. * Certificate of Good Standing for the Entity DRIVER’S LICENSES FOR EACH GUARANTOR: Please be sure to get a legible picture of the front and back of the document.

In FL, after 30 days they have to go through the court system.If you just pocketed the money and did nothing then you should have something in your lease that authorizes you to claim the $500, like a smoking fee.

I have contacted The Authorities and I will let them Folks handle the situation properly and thorough. 

Building positive relationships with neighbors and local authorities can support your venture and help mitigate potential conflicts.Financial Considerations: Evaluate the potential costs and revenue associated with renting out camping areas on your land.

To get operating costs: Most places the city water authority will give you 1&2 year averages (as will the gas and electric companies to determine other landlord provided utilities); your insurance agent should be able to give you a pretty close per door quote on insurance; you should be able to call the current trash provider for a price.

"Ted Lanzaro: is a CPA, author and speaker specializing in taxation for the real estate industry.No, there is a three part test - do you have basis (probably yes because you put &’s in), can you qualify as a RE pro (yes), did you materially participate in the activity of the entity (no - this is where you fail the tests).